Getting to Grips with ILAAP

Introduction

The Internal Liquidity Adequacy Assessment Process, or ILAAP, is the mechanism by which a firm evidences to the PRA that it holds adequate liquidity resources and manages its funding risk prudently. This bitesize webinar will provide you with a focused, practical primer: what ILAAP is, what it needs to contain and why it is worth getting right.

The 2023 banking turmoil and the PRA's 2026 proposals to modernise the liquidity framework have changed what supervisors expect a credible ILAAP to demonstrate. This session brings you up to date on both fronts in a single, concise session.

What You Will Learn

This short webinar will cover the following:

• What ILAAP is and which firms it applies to
• The core components the PRA expects to see evidenced
• How the PRA reviews and challenges your ILAAP and sets Individual Liquidity Guidance
• What is changing under the PRA's 2026 liquidity reform proposals
• Practical steps to strengthen your next ILAAP submission